LSP-Kendall To Refinance Debt

A deal to refinance debt associated with LSP-Kendall Energy launched last week with Credit Suisse First Boston, Lehman Brothers and Goldman Sachs leading the loan.

  • 23 Sep 2005
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A deal to refinance debt associated with LSP-Kendall Energy launched last week with Credit Suisse First Boston, Lehman Brothers and Goldman Sachs leading the loan. The $412 million term loan is being talked at LIBOR plus 2 3/4% with a call premium 102, 101. There is also a $10 million liquidity facility. The LSP-Kendall Energy Plant is located in Minooka, Ill. and consists of four 300 MW combined cycle units that includes a gas-fired combined cycle power generator. LS Power developed the asset and sold it to NRG Energy about five years ago, but reacquired it last December. A call to LS Power was not returned.

  • 23 Sep 2005

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 13,295 25 18.56
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.25
3 Lloyds Bank 6,979 21 9.74
4 Citi 6,256 16 8.73
5 JP Morgan 5,220 8 7.29

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 104,427.74 298 10.96%
2 Bank of America Merrill Lynch 86,347.40 249 9.06%
3 JPMorgan 80,990.39 237 8.50%
4 Wells Fargo Securities 77,934.65 225 8.18%
5 Credit Suisse 63,570.21 165 6.67%